Brazilian conventional soy may reach Japan

Published 2023년 3월 17일

Tridge summary

A study by Nippon Koei Lac and JICA reveals that Japan's demand for conventional soy beans could be met by Brazil within the next ten years, as Japan currently relies heavily on imports, mainly from the US. The study suggests that in the short term, conversations between Japanese and Brazilian trading companies and industries could assess the availability of supplying non-GMO soy beans to Japan. In the long term, partnerships could be established for genetic improvement, credit lines, and investment in infrastructure. Brazil's Soja Livre Institute is working to promote the sustainability and reliability of Brazilian production to Japanese consumers.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In up to ten years, Brazilian production of conventional soy could serve Japanese consumers. The study “Data Survey on the Structural Strengthening of World Food Security”, carried out by the consortium Nippon Koei Lac and Japan International Cooperation Agency (JICA), showed that the demand could be 230,000 tons of GM-free soybeans in 60,000 hectares for human consumption in Japan. The Japanese demand for free soy was presented last week through a survey that surveyed the production chain in Brazil. There were 29 questionnaires applied to rural producers, trading companies and industries in Brazil and Japan. One hundred percent of the soybeans used for oil and 78% of the soybeans used for food in Japan are imported, with 80% coming from the United States, 14% from Brazil and 8% from Canada. Data from the Ministry of Agriculture, Forestry and Fisheries of Japan, presented in the survey, show that the market is 3.6 million tons. Another data indicates that, in 2021, the soy complex ...

Source: Opresenterural